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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain, as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in South Korea.


TSX:AII - Post by User

Post by Descheneson Nov 20, 2021 11:22am
182 Views
Post# 34149316

Shorts

ShortsShort positions decreased from 482,000 to 269,000 as of latest reporting date, a few days ago.  That might account for the unusual share price swings since 3rd quarter results.  It made sense to have stock go up in anticipation of good results, then go down when it didnt happen. The surprise was last two days when it went up again by 6 cents.  Perhaps this was due to covering positions.  Good news is perhaps the "players" involved don't see it going doown by any serious amount in near future.
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